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Market outlook for 24/11/2015

EUR/USD managing to bounce off the yesterdays low of 1.0592 and closing the day above 1.0600 level.

The main attraction for today is US GDP which is expected to rise by 0.5% from the previous 1.5%.

technical levels to watch out for today

High of 1.0675 and 1.0710 a break above could add more to pip to the upside .

low 1.0590 and 1.0555  a break below could open the doors for 1.0462 which would be the low for march 2015.

 

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